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Kotak Life Premier Moneyback Plan - Bonus Rates Calculate Maturity Value
Kotak Life Premier Moneyback Plan - Bonus Rates Calculate  Maturity Value
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Bonus rates for Kotak Life Premier Moneyback Plan

The table below shows the Bonus rates declared for Kotak Life Premier Moneyback Plan from inception. You can use this to calculate the Kotak Life Premier Moneyback Plan Maturity Value. Reversionary Bonus for your policy is calculated as a percentage of sum assured.

In case you have a plan with Sum Assured of Rs. 5,00,000 - Use the values in the table as following:

Bonus Value = (Sum Assured x Bonus Rate / 100) = 5,00,000 x Bonus Rate / 100


Reversionary Bonus for Kotak Life Premier Moneyback Plan ( UIN - 107N083V01)

Year Premium Payment Term Bonus Rate
2018-19 Limited Pay of 8 years First 5 policy years : 2.70%
After 5 policy years : 3.10%
Limited Pay of 10 years First 5 policy years : 2.75%
After 5 policy years : 3.15%
Limited Pay of 12 years First 5 policy years : 2.85%
After 5 policy years : 3.25%
2018 Limited PPT of 8 yrs - First 5 Policy Yr | After 5 Policy Yr  2.70% | 3.10%
Limited PPT of 10 yrs - First 5 Policy Yr | After 5 Policy Yr 2.75% | 3.15%
Limited PPT of 12 yrs - First 5 Policy Yr | After 5 Policy Yr  2.85% | 3.25%
2017 Limited PPT of 8 yrs - First 5 Policy Yr | After 5 Policy Yr  2.70%
Limited PPT of 10 yrs - First 5 Policy Yr | After 5 Policy Yr 2.75%
Limited PPT of 12 yrs - First 5 Policy Yr | After 5 Policy Yr  2.85%
2016 Limited PPT of 8 yrs - First 5 Policy Yr | After 5 Policy Yr  3.00%
Limited PPT of 10 yrs - First 5 Policy Yr | After 5 Policy Yr 3.00%
Limited PPT of 12 yrs - First 5 Policy Yr | After 5 Policy Yr 3.00%
2015 Limited PPT of 8 yrs - First 5 Policy Yr | After 5 Policy Yr  3.00%
Limited PPT of 10 yrs - First 5 Policy Yr | After 5 Policy Yr 3.00%
Limited PPT of 12 yrs - First 5 Policy Yr | After 5 Policy Yr  3.00%
2014 Limited PPT of 8 yrs - First 5 Policy Yr | After 5 Policy Yr  3.00%
Limited PPT of 10 yrs - First 5 Policy Yr | After 5 Policy Yr 3.00%
Limited PPT of 12 yrs - First 5 Policy Yr | After 5 Policy Yr  3.00%

 

Terminal Bonus

Terminal bonus is the Bonus paid out upon the termination of the policy either on maturity or in the unfortunate event of death subject to conditions in the base plan, wherein bonus may be payable only after completion of certain number of policy years. This bonus rate will be based on either Basic Sum Assured or Accumulation Account depending on the plan type.
 


Maturity Benefit

So to get to the Maturity benefit of Kotak Life Premier Moneyback Plan, you have to add all of the following - Basic Sum Assured - Survival Benefits already paid + Accrued Reversionary Bonuses

Do let us know in case you need any further information on the bonus rates for this plan or in calculating the returns for your Kotak Life Premier Moneyback Plan

Please contact the Kotak Life's office for exact details of the bonus which has accrued in your plan.

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